|August 25, 2014|
Merrex in Top 5 Weekly Price Gains on TSX! - That fact is right but they got the reasons wrong. Read and see why.
Publisher: Resource Investing News
|Says Resource Investing News: "Merrex Gold saw share prices jump 26.09 percent to hit $0.15 per share..." CORRECT|
Says Resource Investing News: Merrex's price jumped "...after its partner IAMGOLD released its second quarter unaudited financial results, which revealed net cash from operations of $96.8 million..." WRONG
It is highly unlikely that IAMGOLD's financial performance would impact Merrex's trading price. That timing was wholly coincidental. Merrex's price jumped because of the exciting new gold discovery at Diakha. That plus president Greg Isenor's recent appearance on BNN when he emphasized that the Daikha discovery was like holding a tiger by the tail.
You can view president Greg Isenor's BNN interview here. It comes on right after the advertisements.
You can view the Previous Analyst & News Coverage item: Tue Aug 26, 2014, GRIT fund manager David Hutchins featured on Proactive Investors One-2-One Interview forum highlights Merrex as top performer
You can view the Next Analyst & News Coverage item: Tue Aug 5, 2014, Sprott's Andrew Jackson says "West Africa is Primed for Gold Discoveries". This is a 'must read' article for Merrex shareholders!